Question

Valid reasons why a company should definitely open a new production facility in Latin America include Othe fact that labor costs per pair produced in Latin America are the lowest in the world due O the lack of any need to offer Latin American consumers free shipping when they make Othe exceptionally strong long-term growth in the demand for branded footwear and private- to the very high productivity of production workers in Latin America. purchases on the company's website in Latin America. label footwear that prevails in Latin America Europe-Africa or the Asia-Pacific regions. Othe abliy to eart biger Pproft margins per branded pair sold in Latin America than in either lower production labor costs as compared to North America and Europe-Africa and the ability to entirely avoid high import tariffs on footwear that is produced in Latin America and sold in Latin America.

Answer 1

Answer: Correct is D, which is "Lower production labour costs as compared to North America and Europe-Africa and the ability t entirely avoid high import tariffs on footwear that is produced in Latin America and sold in Latin America."

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Answer 2

Low production labor costs (as compared to North America and Europe-Africa) and the ability to avoid paying import traffis on all pairs produced and sold in Latin America Since, more than anything the procurement cost of the resources need to be in control or low so, that the organizations can provide quality products as their cost of production would be less. Moreover, from business perspective it is highly essential to spend as less as possible to sustain in the market with high profit margins. On top of all, operating in such countries creates greater opportunity and platform for the prospective growth of the business